TradeWithParas

ENPH Potential Buy Setup

Long
BATS:ENPH   Enphase Energy, Inc.
Reasons for bullish bias:
- Price formed HH, and has broken strong trendline
- Safe entry at breakout HH for bull trend confirmation
- Simple DOW theory

Entry Level(Buy Stop): 142.49
Stop Loss Level: 90.71
Take Profit Level 1: 194.27
Take Profit Level 2: Open
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